Strike, a digital payment system, announced at the ongoing Bitcoin 2022 event in Miami that it has partnered with three mainstream companies to promote Bitcoin adoption. Strike Partners Shopify, NRC,...
Tag: crypto price
Blockstream, Block, and Tesla Join Hands to Build Solar-Powered Bitcoin Mining Facility
Blockstream announced today the construction of a new solar-powered Bitcoin mining facility in collaboration with Block (formerly known as Square) and Tesla. According to a CNBC report on Friday, the ...
Honduras Special Economic Zone Declares Bitcoin as a Legal Tender
Próspera, a special economic zone located in Roatan, Honduras, has declared Bitcoin and other cryptocurrencies as legal tenders within its jurisdiction, according to a press release on Thursday. Prósp...
Terra to Purchase $100M Worth of AVAX to Bolster UST Reserve
Luna Foundation Guard (LFG), the team behind the Terra (LUNA) network, is going beyond its Bitcoin (BTC) buying spree after announcing via a tweet on Thursday that it will purchase $100 million worth ...
What is Terraswap? A Super Simple Guide to the Terra DEX
Terraswap is a decentralized exchange platform that allows users to swap or exchange tokens on the Terra network. It is one of the leading decentralized exchanges on Terra and you’ve probably come acr...
UFC Partners With CryptoCom to Pay Fighters Bonuses in Bitcoin
The Ultimate Fighting Championship (UFC) today announced it will start paying fighters in Bitcoin (BTC) as part of its continued partnership with leading crypto exchange CryptoCom. UFC to Pay $60k Bon...
LOVO Raises $6.5M Pre-Series A to Develop the Voice of Web 3.0
LOVO, a synthetic speech startup, has closed a $2 million extension to its pre-Series A round, which now totals $6.5 million. The extension was led by Hashed, a global crypto venture capital firm acti...
Bitcoin Has Increased Tourism by 30% in El Salvador, Says Tourism Minister
El Salvador, the first country to adopt bitcoin as a legal tender, has revealed that the cryptocurrency has bolstered its tourism sector by 30% since its recovery from COVID-19 pandemic. Bitcoin Boos...
World’s First IP Licensed Pistol NFT Developed Through Digital Arms & ZEV Technologies and What’s in Store for 2022
Digital Arms hosts exclusive IP rights to the world’s leading firearm brands along with the most popular AAA gaming firearms and is just days away from announcing their IDO launchpad partners for the ...
Nigeria Fines Four Local Banks for Facilitating Crypto Payments
The Central Bank of Nigeria (CBN) has imposed financial penalties on four commercial banks in the country for facilitating crypto-related transactions, Bloomberg reported on Wednesday. The sanctioned ...
PARSIQ ($PRQ) Lands on the CryptoCom Exchange
PARSIQ has announced that its native token $PRQ will be listed on the trading platform CryptoCom starting April 7th. PARISIQ, the Web3 monitoring, and data-automation platform have announced that user...
Audius Down by 15% as ANC Gains Massive Boost.
The last 24 hours have been one of the most dreaded for Audius and the rest of the crypto market. It lost more than 5% during this period as most cryptocurrencies tanked. Having surged above $2 trilli...
Binance US Raises $200M Seed Funding at a $4.5B Valuation
Binance US, the United States-focused arm of leading cryptocurrency exchange Binance, has raised more than $200M in a just-concluded seed funding round. Binance US Hits $4.5B Valuation The fundraisin...
Sky Mavis Secures $150M to Compensate Victims of the $625M+ Ronin Bridge Hack
Sky Mavis, the developer of popular NFT-based game, Axie Infinity, today announced it has raised $150 million in a recent funding round. The fundraiser was led by leading cryptocurrency exchange Binan...
Bridge Network Raises $3.8M to Build Better Cross-Chain Experiences With Backing From FTX Ventures
Bridge Network, a cross-chain communication protocol, has closed its $3.8M funding round with backing from FTX Ventures, MEXC Global, Master Ventures, Blockfinex, Croc Capital, and others. The protoco...
Why Going with Node Providers is a Better Solution Than Setting Up Your Own Node?
Nodes are one of the most important parts of blockchain networks and yet, they are a concept that many people are unfamiliar with. Some of us haven’t even heard about them up until this point. A block...
A Dummies Explanation With Examples
Key Takeaway Crypto coins and tokens are not the same. Coins usually have their own blockchain, but tokens live on another coin’s blockchain. Tokens can become coins. Bitcoin and Ether are examples of...
MicroStrategy Adds 4,167 BTC ($195M) to Bitcoin Stash
Leading global business intelligence software company MicroStrategy has yet again purchased more bitcoins, through its subsidiary MacroStrategy, a few days after obtaining a loan using its Bitcoin por...
U.S. Lawmakers Propose New Bill to Tackle El Salvador’s Bitcoin Move
U.S. representatives, Congresswoman Norma J. Torres and Congressman Rick Crawford, on Monday proposed a companion bill titled “Accountability for Cryptocurrency in El Salvador (ACES) Act.” The bill is...
US DOJ Seizes $34M Worth of Crypto Linked to Dark Web Fraud
The United States Department of Justice (DoJ) has recently seized hold of cryptocurrency to the tune of $34 million traced to illicit dark web activities by a South Florida resident whose identity rem...
Singapore Passes Bill to Tighten Regulations for Crypto Firms
Singapore has now passed a Financial Services and Markets bill that will tighten regulations for crypto firms across the country, Bloomberg reported on Tuesday. The bill, which was passed on Tuesday, ...
Crypto Investors Store 40% of Assets on a Single Exchange
A Yearly Crypto Security Self audit report published by crypto security company NGRAVE shows that a significant number of cryptocurrency investors still store their assets on a single exchange platfor...
UK Government Announces NFT Mint and Plan to Dominate Crypto
The UK government has been making consistent efforts to increase the country’s involvement in the global digital asset industry. In a new development, the UK government has revealed plans to issue a n...
Georgia Reveals Plans to Regulate its Crypto Market
Georgia is currently planning to set up regulatory frameworks that will guide the use of cryptocurrencies in the country. The framework will include licensing, compliance testing, and Anti Money Laund...
Crypto Adoption as Inflation Hedge Takes Off in Brazil and Indonesia
A recent survey conducted by cryptocurrency exchange Gemini has revealed that crypto adoption spiked in 2021. Over 30,000 investors around the world acquired digital assets last year to curb the infl...
Terra (LUNA) DeFi TVL Reaches $30B Milestone
The algorithmic stablecoins platform, Terra, has recently been witnessing increased DeFi activity, with both the network’s total value locked (TVL) and native token, LUNA, reaching new all-time highs ...
DeFi Protocol Inverse Finance Suffers $15M Hack
Blockchain security firm PeckShield raised an alert on Sunday that DeFi protocol Inverse Finance has been exploited with hackers draining around $15 million. According to findings by the security firm...
Can BTC Flip $50k This Month?
Bitcoin ended the first quarter of 2022. Price most definitely didn’t go as planned for the bulls planned as Bitcoin closed the past three months almost the way it started. It failed to retest $50k si...
Indonesia’s New Crypto Tax Law Will Take Effect on May 1
Indonesia has joined a growing list of countries to impose taxes on cryptocurrency transactions and revenues. Indonesia Unveils Income Tax and VAT for Crypto An Indonesian tax official has revealed th...